Alcoa Corporation Reports First Quarter 2020 Results

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Alcoa (AA) Tops Q1 EPS by 1c

April 22, 2020 4:14 PM EDT

Alcoa (NYSE: AA) reported Q1 EPS of ($0.23), $0.01 better than the analyst estimate of ($0.24). Revenue for the quarter came in at $2.4 billion versus the consensus estimate of $2.35 billion.

2020 Outlook

The Company has updated annual Aluminum segment shipments to between 2.9 and 3.0 million metric tons from its earlier outlook of between 3.0 and 3.1 million metric tons, due to the impact of the Intalco curtailment on the second half of 2020. The Companys... More